SendMoneyCompare — International Money Transfer Comparison

Name: SWIFT/BIC Codes for Banks in Colombia
Creator: SendMoneyCompare
License: https://creativecommons.org/licenses/by-nc-sa/4.0/

Akif Hazarvi

SWIFT codes in Colombia

CO · COP

Find the correct SWIFT/BIC code for banks in Colombia. Use these codes when sending or receiving international wire transfers. A SWIFT code ensures your payment is routed to the correct bank and branch.

Banks

97

SWIFT codes

4

Branches

16

Currency

COP

Banks and SWIFT codes in Colombia

B
BANCOLOMBIA S.A.

SWIFT/BIC	City	Branch	Address
`COLOCOBMBAQ`	BARRANQUILLA	BAQ	CARRERA 57 72-25, EDIFICIO FINCAR FLOOR 7
`COLOCOBMBGA`	BUCARAMANGA	BGA	CARRERA 18 35-02
`COLOCOBMCL1`	CALI	CL1	CALLE 19 2N-49, EDIFICIO TORRE DE CALI FLOOR 9
`COLOCOBMCTG`	CARTAGENA	CTG	LA MATUNA EDIFICIO
`COLOCOBMMD1`	MEDELLIN	MD1	CALLE 50 51-01

B
BANCO DE COMERCIO EXTERIOR DE COLOMBIA S.A.

SWIFT/BIC	City	Branch	Address
`BCEXCOBBXXX`	BOGOTA	Head Office	CALLE 28 13 A 15, FLOOR 38-42

B
BANCO DE OCCIDENTE

SWIFT/BIC	City	Branch	Address
`OCCICOBCMD4`	MEDELLIN	MD4	—
`OCCICOBCCL1`	CALI	CL1	—
`OCCICOBCCTG`	CARTAGENA	CTG	—
`OCCICOBCXXX`	CALI	Head Office	CASA PRINCIPAL CALI, DIR. GENERAL, CARRERA 4 7-61 TORRE 1 FLOOR 12
`OCCICOBCADZ`	SAN ANDRES	ADZ	—

B
BANCO POPULAR SA - COLOMBIA

SWIFT/BIC	City	Branch	Address
`BPOPCOBBPEI`	PEREIRA	PEI	—
`BPOPCOBBMZ1`	MANIZALES	MZ1	—
`BPOPCOBBMD1`	MEDELLIN	MD1	—
`BPOPCOBBXXX`	BOGOTA	Head Office	CALLE 17 7-43, FLOOR 3
`BPOPCOBBADZ`	SAN ANDRES	ADZ	—

Frequently asked questions

What is a SWIFT code for Colombia?

A SWIFT code (BIC) for Colombia is an 8 or 11-character code identifying a Colombian bank for international wire transfers. The country code portion is CO. For example, COABORBB is the SWIFT code for Bancolombia. The structure is: 4 characters for the bank, 2 for country (CO), 2 for the city, and optionally 3 for the branch.

What are the SWIFT codes for major Colombian banks?

Key Colombian bank SWIFT codes include: Bancolombia — COABORBB, Banco de Bogotá — BBOGCOBB, Davivienda — DAVICOBB, BBVA Colombia — BABOROBB, Scotiabank Colpatria — COLPCOBB, Banco Agrario — BANACOBC, and Citibank Colombia — CITICOBB. Always confirm the exact code with the recipient's bank.

How do I send money to a Colombian bank account from abroad?

To send an international wire transfer to Colombia, you need: the recipient bank's SWIFT/BIC code, the recipient's full account number, the account type (savings/corriente), and the recipient's full name and national ID number (cédula). Colombia does not use IBAN. Some banks also require the recipient's address and the purpose of the transfer. Ask the recipient to confirm all required details with their bank.

What is ACH Colombia and how does it differ from SWIFT?

ACH Colombia (Asociación Bancaria y de Entidades Financieras) operates the domestic interbank electronic payment network in Colombia, handling COP transfers between Colombian banks. ACH Colombia cannot receive international payments. SWIFT is for cross-border transfers. After an international wire arrives via SWIFT at a Colombian bank, the bank credits the recipient's account through its internal systems.

Are there Banrep or Superfinanciera regulations affecting inbound transfers?

Yes. Colombia's foreign exchange regulations require that all inbound international transfers be channelled through a licensed financial intermediary (a bank or authorized exchange house). Transfers above USD 10,000 require a declaration form (Declaración de Cambio). The purpose declared must match the actual transaction type. The receiving bank is responsible for regulatory reporting, but the recipient may need to provide documentation.

How long does a SWIFT transfer to Colombia take?

SWIFT transfers to Colombia typically arrive within one to three business days. Transfers from the United States and Spain — major corridors for the Colombian diaspora — usually settle within one to two business days. Bancolombia, as the largest bank, has the broadest correspondent banking relationships and typically provides the fastest settlement for inbound USD transfers.

Can I receive USD or EUR directly in a Colombian bank account?

Colombian regulations generally require foreign currency to be converted to COP upon receipt into standard accounts. However, some banks offer USD-denominated accounts for businesses that regularly transact in foreign currency. For individuals, the standard process is conversion to COP at the bank's market rate on the settlement date. The COP is freely convertible, making this straightforward.

Are there fees for receiving a SWIFT transfer in Colombia?

Colombian banks typically charge an inbound wire processing fee, often USD 10–25 or a small percentage. Currency conversion includes an additional spread. Colombia does not impose withholding tax on personal remittances. Comparing the total effective cost — including exchange rate spread plus fees — across providers is important, as differences can be significant for regular transfers.

How SWIFT works in Colombia

The Banco de la República (Banrep) regulates monetary policy and foreign exchange, while the Superintendencia Financiera de Colombia oversees banking. Colombia uses ACH Colombia for domestic COP transfers, which operates separately from SWIFT. International inbound wire transfers require SWIFT codes, and Colombia's banking regulator requires all inbound foreign currency to be registered through the formal banking system.

Colombia's three largest banks for SWIFT-based international wires are Bancolombia (COABORBB), Banco de Bogotá (BBOGCOBB), and Davivienda (DAVICOBB). Bancolombia is the largest bank in the country and has the most developed international wire capabilities, including strong connectivity with the United States. BBVA Colombia and Scotiabank Colpatria also handle significant cross-border volumes.
Colombia's foreign exchange regulations require that all inbound international transfers be channeled through a licensed financial intermediary (an authorized bank or broker). The recipient's bank registers the transfer with Banrep under a specific reason code. For amounts above USD 10,000, additional declaration forms may be required. The purpose declared must match the actual nature of the transaction to avoid regulatory complications.
The Colombian peso (COP) is freely convertible. Inbound USD or EUR transfers are converted to COP at the bank's market rate on the day of credit. Colombia does not impose withholding tax on personal remittances. For business payments, invoice documentation should be provided. The sender is advised to keep transfer receipts, as Colombia may request evidence of outbound payments for statistical purposes.